Iron Ore-Spot prices may sustain gains on Chinese restocking
Reuters Africa reports spot iron ore prices are likely to build on last week's more than 4 percent gain as Chinese buyers replenish stocks.
Articles Tagged "chinese economy"
Chinese Economy: Post-Olympic recovery
By Melissa Pistilli – Exclusive to Iron Investing News The China Iron & Steel Association‘s monthly report for July shows that domestic steel demand is wilting in the scorching summer heat, heavy rainfall in the South and the recently-concluded Olympic Games. Increasing amounts of steel inventory has weakened iron ore demand causing the price of iron [...]
